Tag: liberty two degrees
Property group Liberty Two Degrees has reported an interim loss of R1.4 billion, a more than 100 per cent change from its previous profits due to the impact of the lock-down on businesses. The group has also opted not to declare an interim dividend and joining CNBC Africa for more is Amelia Beattie, the CEO of Liberty Two Degrees.
The owner of shopping centres Eastgate Mall and Sandton City released its interim results today. Liberty Two Degrees has a portfolio valued at R10.2 billion and declared an interim dividend of 29 cents. The company says it’s happy that vacancies remain low, as it starts to fill up the space left by Stuttafords and Edgars stores. CNBC Africa’s Kopano Gumbi filed this report.